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Anvil Cables and Wirepas deploy cloud-based prepaid metering in India

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Anvil Cables Private Limited, an Indian manufacturer of wires and cables for power transmission, has partnered with Wirepas, a global IoT connectivity firm, to implement a cloud-based electricity prepayment solution for Advanced Metering Infrastructure (AMI). The solution aligns with India’s AMI Standard Bidding Document (SBD) and utilizes RF mesh technology. It has already been deployed in over 500,000 smart meters in Assam and Kashmir, ensuring scalable and cost-effective connectivity. India is the first country to…

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India and Sri Lanka discuss strengthening cooperation in mineral resources

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Union Minister of State for Coal and Mines, Shri Satish Chandra Dubey, met Sri Lanka’s Minister of Industry, Shri Sunil Handunnetti, in New Delhi. They focused on boosting bilateral cooperation in mineral exploration, particularly in securing critical minerals like graphite and beach sand, key for clean energy and advanced technologies. Shri Dubey outlined India’s National Critical Mineral Mission to secure raw materials like lithium, graphite, and nickel, stressing the importance of mining rights and global…

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BrightNight commissions first phase of 115 MW hybrid project in Maharashtra

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BrightNight has announced the commissioning of the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project located in Dharashiv, southern Maharashtra. The project is one of the first co-located wind-solar projects in the state, marking the company’s entry into the Indian power grid. Optima Maharashtra integrates advanced wind and solar technologies powered by BrightNight’s proprietary AI-enabled PowerAlpha platform, maximizing energy output with minimal environmental impact. The project will contribute to Maharashtra’s target…

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Tolidus Techno partners with Jogindra Group for solar project in Punjab

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Tolidus Techno Power has partnered with the Jogindra Group to develop a 110 MWp solar power project, advancing renewable energy adoption in India.  The solar project, a captive open-access ground-mounted system, will serve the energy needs of key Jogindra Group enterprises, including Jogindra Castings, Vardhman Adarsh Ispat, and Oasis Enterprises. Located across three sites in Punjab, the project is one of the largest in the region. Tolidus Techno Power will manage the engineering, procurement, and…

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Lending to renewable energy projects in India rises 63% in 2023

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Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability.  Solar energy accounted for 49% of the funding, with Rs 148.14 billion directed toward solar projects. Hybrid projects saw a 31% year-on-year increase, attracting Rs 137.73 billion.  Only one loan was made for wind energy projects, highlighting a shift towards solar and hybrid…

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Masali village becomes India’s first solar-powered village on the border

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Masali village in Gujarat’s Banaskantha district has become India’s first ‘solar village’ located on the border. The village, with a population of 800, is situated 40 km from the Pakistan border. All 199 houses in the village now have solar panels installed, generating 100% of the village’s electricity needs. The project, worth Rs 11.6 million, provides a total of 225.5 kilowatts of power, exceeding the electricity requirements of each home. The initiative was supported by…

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Renewable energy projects face up to 12-month delay in signing of PPAs

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India’s renewable energy sector is facing significant delays in securing power purchase agreements (PPAs), which are affecting around 40-45 GW of projects out of a total 80-90 GW in the pipeline. Experts note that distribution companies (discoms) are prioritizing projects with higher capacity utilization factors, contributing to the backlog in PPA signings. The gap between project awards and PPA finalizations currently spans eight to nine months, impacting project execution timelines. Several factors, including regulatory uncertainties,…

India’s Power Sector After COP 29

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Only a few months ago, the news coming from a mega event in Gujarat assured us that India is not only going to achieve but surpass the 500 GW from non-fossil fuel capacity target set for 2030. The general mood has turned quite the opposite after the UN Climate Change Conference (COP29) fiasco on climate finance targets committed for transfer from the developed countries. The media reports of 55GW of awarded renewable energy (RE) capacity…

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Waaree Energies secures 1 GW solar PV module supply order

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Waaree Energies Limited has secured a 1 GW solar photovoltaic (PV) modules supply order from an Indian renewable energy company.  The customer is engaged in owning, developing, and operating renewable power projects across India.  The supply of these modules is planned for delivery during the financial years 2024-25 and 2025-26.

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India leads in clean-tech funding, surpassing China in Q3 2024

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India has overtaken China as the top destination for clean-technology funding, with $2.4 billion in deals completed in Q3 2024, more than four times China’s total.  This marks the second-highest funding globally, following the US.  About a quarter of seed-stage investments in climate-related startups are now directed towards India.  However, challenges remain, as the country needs significantly more capital to meet long-term climate goals.  Despite this, the market is expected to boom as more solutions…